The Global Development Incubator Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,078,400 | 14,518,923 | −1,440,523 | 5.2 | 25% |
| 2021 | 12,212,974 | 11,523,810 | 689,164 | 7.3 | 30% |
| 2022 | 19,720,293 | 14,050,189 | 5,670,104 | 10.9 | 17% |
| 2023 | 16,985,488 | 18,649,961 | −1,664,473 | 7.1 | 14% |
In its most recent public year (2023), this organization spent $1,664,473 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 5.2 in 2020. Staff pay was 14% of spending. $2,574,176 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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